That is the query that we (myself, Roger Mayer of NC State and Jing Zhao at Portland State) just lately studied in a paper that is forthcoming within the finance journal: Monetary Management. If you are in the US, Amazon most likely can get your SSN and different personal details and verify whether or not you’re a actual person. However, even if you live within the US, when you’ve got no credit historical past, no financial institution accounts, and so on, the verification will come back with low confidence. Following standard threat administration processes, Amazon may plausibly reject such functions, as a part of their CIP processes: it is better to have a false damaging (rejecting a normal account) than having a false positive (e.g., accepting an account that will likely be concerned in cash laundering or tax-evasion schemes).
Associate Professor of Finance and Coordinator for the most important in … Read More